Rite Aid Corporation RAD

ashpat86

Similar pattern formation to Jul and Oct 2022. High Stoch and strength from a rising RSI can help boost the price over an estimated 3-month range. MACD at zero level cross. Good entry point. We want to see this MACD maintain well over the zero level along with an RSI maintained over 50. More peaks above 80 in Stochastics can help support the bullish...

noam_chom

This is chart analysis only, the business fundamentals feel distressed to me however this is a meme stock and it can easily run up Buying today under $4.20 seems decent but i think there will be lower lows soon

Bixley

Idea for RAD showing large cup structures These cup structures form after a strong bounce off a downtrend in orange Right now price is testing this orange line, so expect a possible large upswing

AwesomeAvani

NYSE:RAD RAD is the Rite Aid drug store chain0 being in healthcare and consumer staples it is relatively resilient in a recessionary context. On the Chart, RAD is at swing lows sitting on support with 25% upside potential. The RSI indicator shows an impending K & D line cross under the histogram. A recent triple top helps mark the resistance while...

Bixley

A double bottom is forming on RAD which is aligning nicely with prior points of aggressive support 2W timeframe

jos1101 Premium

Might need a little lower, but the trend is clear. It touches this line, it goes to at least that upper trendline over time.

zrrsys

Rite Aid Corporation is an American drugstore chain based in Camp Hill, Pennsylvania. It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. The company ranked No. 150 in the 2020 Fortune 500 list of the largest United States corporations by total revenue.

MicDrop5

Rite Aid has found solid support in this range. I'm looking for a re-test entry. Risk/reward to first PT is 5.03, which is good.

Bixley

In this analysis I am suggesting that the downward channel that has formed will break down This breakdown may end at the dotted black line under the channel The green rectangles are historical points of support, currently price is very close to this level I think it will go lower, briefly.

YourFreeAccount

Please provide a meaningful and detailed description of your analysis and prediction. Walk us through your thought process. Put yourself in the reader's shoes and see if you would understand the context based on what you wrote. Clearly state profit targets and stop loss areas help clarify any trade idea.

o2degreez Pro

RAD ENTRY = 13.35 - 13.70 1st Target = 14.25 2nd Target = 15.75 3rd Target = 16.90 4th Target = 17.87 HODL Target = 20+ ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form...

Ravich000 Updated 

in a buy zone

wolneyyy

Morning all! An oft-overlooked stock, RAD is trading at a solid value to it's underlying performance on a number of metrics. As it happens, investors weren't happy with the previous earnings report, and the stock has slid some 30%+ in the last few weeks. This presents a great opportunity for long term investors -- selling the 11 strike, October monthly puts....

DezoDiamond

Ascending triangle

dwarsco Pro+

Getting close to Buy Zone , will look for aug 20 20 calls

Ravich000 Updated 

I think we will see this above $18 next week, good for call options

MrMercato Updated 

Please note: - I'm just sharing my view. its not a recommendation for buying or selling.

iamphatboy

$RAD At an important area of contention. I'll be watching closely for a break above. I'm liking the setup if it can close above resistance.